4023 Old Washington Rd, Waldorf, MD 20602

$1,200,000

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List Price
$1,200,000
Days on Market
68
Status
ACTIVE
MLS#
MDCH2055614
Lot Size (Acres)
4.12
Year Built
1959
County
Charles
School District
Charles County Public Schools

Property Description

****Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.******This property presents a rare development opportunity in the heart of Waldorf. Situated on approximately 4.12 acres and zoned RM (Residential Medium Density), this property offers exceptional potential for builders, developers, and investors seeking a prime location within one of Charles County’s fastest growing corridor Ideally positioned just off the Route 301 corridor, the property is surrounded by established residential communities, retail, commuter routes, and ongoing commercial expansion. The site backs to active commercial development, further enhancing its long-term growth potential and strategic positioning within this rapidly evolving area. The property is improved with an existing occupied residence; however, the primary value is believed to be in the land and future development possibilities. Potential uses may include a townhome community, single-family subdivision, cluster-style residential development, or possible assemblage opportunities with neighboring parcels. Conceptual yield estimates may support approximately 24–36 townhomes or 6–10 single-family lots, subject to county approvals and engineering. Buyer to verify zoning, land use, subdivision potential, utility availability, and all property information with Charles County.

Additional Information

Taxes
$6786
School District
Charles County Public Schools
Heating
90% Forced Air
Heating Fuel
Oil
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of RE/MAX One. Contact: 4432956123